Alro S.A.

Related Party Transaction • Aug 13, 2021

No: 63 /13.08.2021

To: The Financial Supervisory Authority Bucharest Stock Exchange

Current report in compliance with article no. 108 of Law no. 24/2017 on issuers of financial instruments and market operations - Republished

Date of report: August 13th 2021 Name of issuer: ALRO S.A. Headquarters: Slatina, 116 Pitesti Street, Olt County Telephone/ fax number: +40 249 431 901 / +40 249 437 500 Sole registration number at the Trade Register Office: RO 1515374 Trade Register Number: J28/8/1991 The European Unique Identifier (EUID): ROONRCJ28/8/1991 Legal Entity Identifier (LEI): 5493008G6W6SORM2JG98 Subscribed and paid-in share capital: 356,889,567.5 RON Regulated market on which the issued shares are traded: Bucharest Stock Exchange – Premium Tier Category (market symbol: ALR)

Significant event to be reported: Reporting of transactions with related parties according to art. 108 paragraph 3 and paragraph 12 of Law no. 24/2017 - Republished

Please be informed by the present Current Report that ALUM S.A., subsidiary of ALRO S.A., carried out during the period April 1st 2021 – July 31st 2021, with the company Sierra Mineral Holdings 1 Limited, subsidiary of ALRO S.A., the following transactions that cumulatively exceed 5% of the Company's net assets, as per ALRO S.A. standalone financial statements for the year 2020, in amount of RON 51,598,374, as follows:

Transactions of ALUM S.A., subsidiary of ALRO S.A., with the company Sierra Mineral Holdings 1 Limited, subsidiary of ALRO S.A., carried out during the period April 1st 2021 – July 31st 2021 in total amount of RON 60,889,492.

Details have been enclosed to this Report, as follows:

• Annex 1 Reporting of transactions carried out during the period April 1st 2021 July 31st 2021;
• Annex 2 Reporting of contracts related to the transactions in Annex 1;
• Annex 3 Reporting of mutual debts and receivables balances as of July 31st 2021.

Chairman of the Board of Directors Chief Executive Officer Marian Daniel Nastase Gheorghe Dobra

Annex 1 - Reporting of transactions carried out during the period April 1st 2021 – July 31st 2021:

Acquisitions

Year	Months	Name	Nature of relationship	Name	Nature of relationship	Nature of transaction	Object of transaction	Amount (RON)	N.R.U. number/ Date of contract
2021	4	ALUM S.A.	Subsidiary	Sierra Mineral Holdings 1 Limited	Subsidiary	Acquisitions	Bauxite	15,646,301	315/28.12.2020
2021	5	ALUM S.A.	Subsidiary	Sierra Mineral Holdings 1 Limited	Subsidiary	Acquisitions	Bauxite	14,240,815	315/28.12.2020
2021	6	ALUM S.A.	Subsidiary	Sierra Mineral Holdings 1 Limited	Subsidiary	Acquisitions	Bauxite	7,762,728	315/28.12.2020
2021	7	ALUM S.A.	Subsidiary	Sierra Mineral Holdings 1 Limited	Subsidiary	Acquisitions	Bauxite	15,464,809	315/28.12.2020
2021	7	ALUM S.A.	Subsidiary	Sierra Mineral Holdings 1 Limited	Subsidiary	Acquisitions	Bauxite	7,774,839	165/31.05.2021
								60,889,492

Annex 2 - Reporting of contracts related to the transactions in Annex 1

Acquisitions

Name		Nature of Name relationship		Nature of relationship	Nature of Object of transaction transaction		N.R.U. number/ Date of contract	Payment term
	ALUM S.A.	Subsidiary	Sierra Mineral Holdings 1 Limited	Subsidiary	Acquisitions	Bauxite	315/28.12.2020	payment at 15 calendar days after the B/L date or advance payment, based on agreement of the parties
	ALUM S.A.	Subsidiary	Sierra Mineral Holdings 1 Limited	Subsidiary	Acquisitions	Bauxite	165/31.05.2021	payment at 15 calendar days after the B/L date or advance payment, based on agreement of the parties

Annex 3 – Reporting of mutual debts and receivables balances as of July 31st 2021

	Company	Related party	31st 2021 Balance as of July (RON)
Name	Nature of relationship	Name	Nature of relationship	Receivables	Liability
ALUM S.A.	Subsidiary	Sierra Mineral Holdings 1 Limited	Subsidiary	239,370,797	-